FuelPositive Announces Advisor of Global Food Security and Partnership with University of Guelph

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TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) — FuelPositive Company (TSX.V: NHHH) (OTCQB: NHHHF) (“FuelPositive” or the “Firm”) is happy to announce it has signed an settlement with Lenore Newman of the College of Fraser Valley, naming her FuelPositive’s International Meals Safety Advisor. The Director of the Meals and Agriculture Institute on the College of the Fraser Valley, she is a number one researcher, writer and previous Canada Analysis Chair in Meals Safety. Dr. Newman researches agricultural land use coverage, agricultural expertise and bioengineering within the international meals system.

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The Firm has additionally fashioned a partnership with the Managed Setting Techniques Analysis Facility on the College of Guelph. The analysis facility’s work is concentrated on “managed setting agriculture”, which incorporates greenhouses and vertical farming the place crops are grown indoors. Due to injury attributable to local weather change and the precariousness of conventional farming, many sustainable farming specialists imagine managed setting agriculture will play a key function in feeding the billions of individuals on the planet within the coming many years.

Each appointments shall be mentioned in additional element at a reside Company Replace Webinar that FuelPositive is holding on Tuesday, August 9, 2022, at 2 p.m. ET, to supply stakeholders with a company replace and reply questions.

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“As an organization devoted to sustainability, reversing local weather change and international meals safety, we’re exploring alternatives and actively partaking with new companions who share our values. Lenore and the crew at College of Guelph are completely aligned with us to assist us make inroads into this thrilling and demanding space of agriculture,” stated FuelPositive CEO and Board Chair Ian Clifford.

FuelPositive’s onsite, containerized inexperienced ammonia manufacturing methods would be capable of present nitrogen fertilizer for the extremely managed environments which can be required for indoor plant-based agriculture, whereas eliminating the greenhouse emissions related to historically produced gray nitrogen fertilizers. The inexperienced ammonia output of FuelPositive’s methods may be used for fossil gasoline substitute, heating and cooling, dehumidification and even for water purification.

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“I’m excited by FuelPositive‘s consideration to managed setting agriculture and the connection with the crew on the College of Guelph. In my work with automation methods and robotics through the years, I’ve had the gratification of designing modern applied sciences to enhance productiveness and price for the meals business basically, and likewise particularly for greenhouse purposes. I sit up for our exploration into these essential international meals safety markets with our modern expertise,” stated Nelson Leite, Chief Working Officer, FuelPositive.

Lenore Newman

“Lenore will assist information our efforts within the improvement of managed setting agriculture and different meals safety pilot initiatives, opening doorways for us globally, throughout Canada, and particularly in British Columbia (B.C.), the place managed setting agriculture is taking off in a giant means. The B.C. inexperienced grid, with its low-cost electrical energy, makes our scalable, on-site expertise ideally suited, because it requires a sustainable supply of electrical energy,” stated Luna Clifford, FuelPositive’s Director of Strategic Partnerships and Alliances.

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“As a devoted proponent of sustainable agriculture practices and applied sciences, I do know we have to undertake methods able to assembly our future international meals safety wants. I used to be extraordinarily compelled by the FuelPositive providing – lastly, a expertise and an organization that makes sustainable farming simpler to undertake, now and sooner or later,” stated Lenore Newman.

College of Guelph

On the College of Guelph, FuelPositive shall be working with Michael Dixon, Professor and Director of the Managed Setting Techniques Analysis Facility, in addition to with Thomas Graham, Assistant Professor and PhytoGro Analysis Chair in Managed Setting Techniques.

“We’re thrilled to be working with this crew on the College of Guelph, which is named ‘Canada’s Meals College’. Michael and Thomas are ideally positioned to help us in organising what we hope shall be our first pilot challenge with a managed setting agriculture accomplice. Our plan is to showcase how our expertise is ideally suited to help it,” stated Luna Clifford.

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The Managed Setting Techniques Analysis Facility (CESRF) issued the next assertion: “We on the CESRF very a lot sit up for exploring analysis initiatives with FuelPositive to assist them consider new purposes of their modern expertise. Our analysis crew and world-class analysis venue are properly positioned to discover a variety of collaborative analysis actions with this business accomplice.”

About FuelPositive

FuelPositive is a Canadian expertise firm dedicated to offering commercially viable and sustainable, “cradle to cradle”, clear expertise options, together with an on-site, containerized inexperienced ammonia (NH3) manufacturing system to be used throughout a broad spectrum of industries and purposes. By specializing in applied sciences which can be clear, sustainable and economically advantageous/realizable, the Firm goals to vary the course of local weather change via sensible options that may be applied within the brief time period.

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The FuelPositive containerized inexperienced ammonia manufacturing system produces pure, anhydrous ammonia for a number of purposes, together with fertilizer for farming, gasoline for grain drying and inside combustion engines, a sensible different for gasoline cells and an answer for grid storage. Inexperienced ammonia can also be thought of a key enabler of the hydrogen economic system.

FuelPositive methods are designed to supply for inexperienced ammonia manufacturing on-site, the place it’s wanted. This eliminates wildly fluctuating provide chains and gives end-users vitality and provide safety whereas chopping carbon emissions from the manufacturing course of. The primary prospects shall be farmers. Farmers use 80% of the standard ammonia produced at the moment as fertilizer.

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Cautionary Assertion 

Buying and selling within the securities of the Firm ought to be thought of extremely speculative. No inventory trade, securities fee or different regulatory authority has permitted or disapproved the data contained herein. Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) settle for duty for the adequacy or accuracy of this launch.

Ahead-Trying Statements 

This information launch incorporates sure “forward-looking data” and “forward-looking statements” (collectively, “forward-looking statements”) which can be primarily based on expectations, estimates and projections as of the date of this information launch. The knowledge on this launch about future plans and goals of the Firm, together with the anticipated expenditures of the proceeds of the personal placement, are forward-looking statements.

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These forward-looking statements are primarily based on assumptions and estimates of administration of the Firm on the time they had been made and contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Ahead-looking statements are essentially primarily based upon a variety of estimates and assumptions that, whereas thought of cheap by the Firm as of the time of such statements, are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies. These estimates and assumptions could show to be incorrect.

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Many of those uncertainties and contingencies can straight or not directly have an effect on and will trigger, precise outcomes to vary materially from these expressed or implied in any forward-looking statements. There may be no assurance that forward-looking data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements.

Ahead-looking data is offered for the aim of offering details about administration’s expectations and plans referring to the long run. The Firm disclaims any intention or obligation to replace or revise any forward-looking data or to clarify any materials distinction between subsequent precise occasions and such forward-looking data, besides to the extent required by relevant regulation.

For Investor enquiries, please contact: 

Ian Clifford
Chief Govt Officer and Board Chair
mailbox1@fuelpositive.com
www.fuelpositive.com

Investor Relations (United States)
RBMG – RB Milestone Group LLC
Trevor Brucato, Managing Director
fuelpositive@rbmilestone.com
www.rbmilestone.com 

For Media enquiries, please contact:

Oliveah Numan
Sussex Technique Group
519-770-2991
onuman@sussex-strategy.com